What S The New Stimulus Package Going To Look Like
Congress breaking down the 900b stimulus package and 1 4t omnibus bill the legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass.
What s the new stimulus package going to look like. At issue was the amount of the stimulus check trump was pushing for 2 000 as well as. A look at what s in biden s 1 9 trillion stimulus plan the president elect is rolling out a large spending package aimed at helping battle the virus and alleviate the economic toll it has taken. President elect joe biden says he plans thursday to detail a massive new stimulus and relief package meant to address the continuing economic fallout from the pandemic.
The package extends some provisions of the original stimulus package that was passed in the spring while adding new measures to help working families who have continued to suffer amid the pandemic. The stimulus package along with the spending bill waited a week for the president s signature. While serious negotiations on the next possible coronavirus stimulus package won t begin until congress returns to washington on july 20 some analysts think the strong june jobs report may make.
And even if it is the. If you assume we re going to bounce back without more stimulus that s basically the case for no more stimulus he added. The new stimulus.
The new coronavirus relief package contains a second round of stimulus checks but they are going to be somewhat smaller than those authorized as part of the cares act in march. Instead it looks like republicans will be spearheading the next attempt at economic relief. The first stimulus package the cares act provided money to hospitals expanded unemployment benefits.
Read the summary some americans won t get their stimulus checks until they file their 2020 taxes the 50 biggest u s. Personally i m not convinced that s the case.